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NRG Energy vs NextEra Energy: NRG and NEE compared
NRG Energy is the larger company: $9.5B of revenue in its latest quarter (Q3 2026) against $8.1B for NextEra Energy (Q3 2026). NRG Energy is growing faster (+24% against +2% a year earlier). NextEra Energy is more profitable, with an operating margin of 32.4% against 11.5%.
Where the money goes: NRG and NEE
NRG Energy (NRG) · Q3 2026
NRG Energy, Q3 2026: revenue $9.5B (+24% year over year), operating margin 11.5%, net earnings $544M. The chart follows the revenue to costs, profit and cash.
NextEra Energy (NEE) · Q3 2026
NextEra Energy, Q3 2026: revenue $8.1B (+2% year over year), operating margin 32.4%, net earnings $4.8B, operating cash flow $5.0B. The chart follows the revenue to costs, profit and cash.
| NRG Energy (NRG) | NextEra Energy (NEE) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $9.5B | $8.1B |
| Revenue growth, Y/Y | +24% | +2% |
| Operating margin | 11.5% | 32.4% |
| Net earnings | $544M | $4.8B |
| Net margin | 5.7% | 59.0% |
| Operating cash flow | — | $5.0B |
| Market value | $17.1B | $185.1B |
| P/E | 20.1× | 18.9× |
| Analysts’ mean target | $166.94 | $94.00 |
Questions
Which is bigger, NRG Energy or NextEra Energy?
NRG Energy is the larger company: $9.5B of revenue in its latest quarter (Q3 2026) against $8.1B for NextEra Energy (Q3 2026).
Is NRG Energy or NextEra Energy growing faster?
NRG Energy is growing faster (+24% against +2% a year earlier).
Which is more profitable, NRG Energy or NextEra Energy?
NextEra Energy is more profitable, with an operating margin of 32.4% against 11.5%.
More: NRG Energy earnings · how NRG Energy makes money · NextEra Energy earnings · how NextEra Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (8-K filed Nov 9, 2026; 10-Q filed Oct 21, 2026). Fiscal quarters can end on different dates. Not investment advice.